Remgro Limited (RMGOF)
Remgro Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Stellenbosch, WC, ZA. The stock last traded at $10.90, up 0.00% on the session, giving a market capitalisation of $5.64B. On trailing twelve-month figures it carries a trailing P/E of 22.35, a net margin of 9.2%. Its beta of 0.29 implies it has historically moved less than the broad market.
Remgro Limited operates as a prominent investment holding company, deploying capital across a diverse range of industries. These sectors encompass financial services, food, liquor and home care products, banking, insurance, various industrial activities, healthcare, infrastructure development, information technology infrastructure solutions, media, and sports. Geographically, it targets opportunities primarily within Africa, the UAE, the United Kingdom, and Switzerland, while also expanding its global footprint through its investee companies. A core tenet of its investment strategy is to acquire substantial influence and secure representation on the boards of its portfolio firms. Crucially, Remgro focuses on offering strategic support rather than becoming involved in the day-to-day operational management of the businesses it invests in. Established in 1948, the company is based in Stellenbosch, South Africa.
Remgro Limited is most often compared with the following Financial Services names: